The Task Force on Climate-Related Financial Disclosures (TCFD) has developed a set of voluntary climate-related financial risk disclosures, which are being adopted internationally by companies to inform investors and the public about climate change risks. In support, the United Nations Principles for Responsible Investment (UN PRI) have made these recommendations mandatory for all PRI signatories as of 2020.
TCFD is now highly relevant for Danish banks, pension and investment funds, such as Pensam, ATP, AP Møller Capital, Jyske Bank. As the first, AP Pension published its report based on TCFD’s recommendations earlier this year (AP Pension Report on the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations). The Forum for Strategic CSR recognizes that more enterprises are carrying out preliminary assessment and reporting, and there is a need to build capacity.
If you are considering reporting on TCFD, this introductory trip to Frankfurt in March 2020 will provide you with the insight, inspiration, knowledge and tools to get started and direct your work. The trip is targeted to meet the demands of investors as well as issuers, and is organized in collaboration with ISS Ethics and the index provider Solactive, two of the world’s leading TCFD advisors.
Program under construction. Reservations are made for changes.
Outbound: March 2, departure 07.05 from CPH
Homebound: March 3, arrival 18.30 at CPH
Hotel: Steigenberger Frankfurter Hof
Pris: 2.000 €/15.000 DKK, non VAT. Price includes plane, hotel, food and transport in Frankfurt
Last registration: January 19, 2020
Sign in: contact Jens Prebensen, firstname.lastname@example.org
Day 1 (all sessions are taking place at Solactive)
11.30, Session 1: TCFD and index engineering by Solactive
– Light lunch at Solactive
13.30, Session 2: Scenario Analysis – Why & How by ISS ESG (see below)
15.30, Session 3: TCFD in the context of Sustainable Finance – workshop,Q&A and facts
19.00, Business dinner
10.00, Session 4: Climate change as the “Man-Moon-Mission” of our times by Union Investment Institutional
- How to integrate climate change into (an asset manager`s) investment processes
- Union Investment’s climate KPI’s as a result of TCFD-implementation
- What we expect from corporates regarding TCFD reporting
– Light lunch at Union Investment Institutional
13.00, Session 5: Climate and Sustainable Energy Finance v/ Karsten Löffler, co-leder of FS-UNEP Collaborating Center for Climate & Sustainable Energy Finance, Frankfurt School of Finance & Management.
Each session lasts 1½ hour.
ISS ESG is the responsible investment arm of Institutional Shareholder Services Inc., the world’s leading provider of environmental, social, and governance solutions for asset owners, asset managers, hedge funds, and asset servicing providers. With more than 30 years of corporate governance expertise and 25 years of providing in-depth responsible investment research and analytics, ISS ESG has the unique understanding of the requirements of institutional investors.
With its comprehensive offering of solutions, ISS ESG enables investors to develop and integrate responsible investing policies and practices, engage on responsible investment issues, and monitor portfolio company practices through screening solutions. It also provides climate data, analytics, and advisory services to help financial market participants understand, measure, and act on climate-related risks across all asset classes. In addition, ISS ESG delivers corporate and country ESG research and ratings enabling its clients to identify material social and environmental risks and opportunities. Along with these robust ESG offerings, the unit provides institutions with an established standard in measuring, analyzing, projecting, valuing, and discounting a firm’s underlying economic profit.
Read more: ISS
One of the leading asset managers in Europe with EUR 357bn AuM, thereof EUR 204bn for more than 1,600 institutional clients.
- Founded in 1956, headquartered in Frankfurt, Germany, and integral part of the German Cooperative Banking network;
- Sustainability is firmly integrated in the cooperative values and about EUR 50 bn in dedicated ESG strategies;
- Active, fundamental asset manager with an integrated research, portfolio and risk management approach;
- Over 200 investment experts including a 12 people strong ESG team.
For more information please see: https://union-investment.com/home.html
Since 2017, Karsten Löffler has been co-head of the FS-UNEP Collaborating Center for Climate & Sustainable Energy Finance at the Frankfurt School of Finance and Management. From 1989 to 2017, he worked for the Allianz Group (Dresdner Bank, Allianz Global Investors), most recently as Managing Director of Allianz Climate Solutions, the intragroup innovation hub for integrating climate change-related opportunities and risks into the global business strategy.
Karsten Löffler is a certified international investment analyst (CIIA) and member of the steering committee of the Scientific Platform Sustainability 2030 and since 2007 part of the management of the Green and Sustainable Finance Cluster Germany. He is also a member of the Technical Expert Group for Sustainable Finance of the European Commission and Chairman of the Sustainable Finance Advisory Council of the German Federal Government, which was established in June 2019.